Skip to main content
IL Regular Public School District 2 Schools

Galva CUSD 224

Galva, IL 61434 • Henry County • 2 Operating Schools
(309) 932-2108
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 462 students
Census F-33 • FY 2024
Total Revenue
$9,493,000
Total Expenditure
$8,335,000
Classroom Instruction
$3,655,000
Outstanding Debt
$1,625,000

Revenue Sources

State Government Funds: $3,649,000 (38.4%) Local Taxes & Fees: $5,138,000 (54.1%) Federal Aid: $706,000 (7.4%)
State Government Funds $3,649,000 38.4%
Local Taxes & Fees $5,138,000 54.1%
Federal Aid $706,000 7.4%
Total Revenue $9,493,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,655,000 (43.9%) Support Services: $3,129,000 (37.5%) Capital Outlays: $244,000 (2.9%) Other / Operations: $1,307,000 (15.7%)
Classroom Instruction $3,655,000 43.9%
Support Services $3,129,000 37.5%
Capital Outlays $244,000 2.9%
Other / Operations $1,307,000 15.7%
Total Expenditure $8,335,000 100.0%

Financial Comparison & Trends Chart

$0$6,250$12,500$18,750$25,000FY 2020 Revenue/Student: $17,783$17,783FY 2020 Expenditure/Student: $17,836$17,836FY 2020488 stdsFY 2021 Revenue/Student: $18,504$18,504FY 2021 Expenditure/Student: $17,549$17,549FY 2021492 stdsFY 2022 Revenue/Student: $18,932$18,932FY 2022 Expenditure/Student: $15,963$15,963FY 2022484 stdsFY 2023 Revenue/Student: $21,727$21,727FY 2023 Expenditure/Student: $19,409$19,409FY 2023479 stdsFY 2024 Revenue/Student: $20,548$20,548FY 2024 Expenditure/Student: $18,041$18,041FY 2024462 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,727

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 462 $9,493,000 $8,335,000 $3,655,000 $244,000 $1,625,000
FY 2023 479 $10,407,000 $9,297,000 $3,641,000 $1,500,000 $1,964,000
FY 2022 484 $9,163,000 $7,726,000 $3,426,000 $337,000 $1,306,000
FY 2021 492 $9,104,000 $8,634,000 $3,909,000 $382,000 $1,584,000
FY 2020 488 $8,678,000 $8,704,000 $3,689,000 $574,000 $630,000